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NOBLE ENERGY INC (NBL)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]4,438.04,986.04,256.03,491.03,183.05,115.05,015.04,223.0
            Revenue growth  -11.0%17.2%21.9%9.7%-37.8%2.0%18.8%24.1%
Cost of goods sold   [+]431.0296.00.00.0869.0609.0530.0454.0
Gross profit  4,007.04,690.04,256.03,491.02,314.04,506.04,485.03,769.0
            Gross margin  90.3%94.1%100.0%100.0%72.7%88.1%89.4%89.2%
Selling, general and administrative   [+]416.0385.0415.0399.0396.0503.0433.0384.0
Equity in earnings      90.0-170.0-206.0-186.0
Other operating expenses   [+]1,553.01,376.01,467.02,160.0947.01,326.0828.0603.0
EBITDA   [+]2,038.02,929.02,374.0932.01,061.02,507.03,020.02,629.0
            EBITDA margin  45.9%58.7%55.8%26.7%33.3%49.0%60.2%62.3%
Depreciation and amortization  2,197.01,934.02,053.02,454.02,131.01,759.01,570.01,403.0
EBIT   [+]-159.0995.0321.0-1,522.0-1,070.0748.01,450.01,226.0
            EBIT margin  -3.6%20.0%7.5%-43.6%-33.6%14.6%28.9%29.0%
Non-recurring items   [+]1,160.0644.02,123.0-146.01,312.0   
Interest expense  260.0282.0354.0328.0263.0210.0158.0125.0
Other income (expense), net   [+]-197.071.0-35.0-68.0426.01,172.052.0255.0
Pre-tax income  -1,776.0140.0-2,191.0-1,772.0-2,219.01,710.01,344.01,356.0
Income taxes  -343.0126.0-1,141.0-787.0222.0496.0437.0391.0
            Tax rate  19.3%90.0%52.1%44.4% 29.0%32.5%28.8%
Minority interest  79.080.068.013.0    
Earnings from continuing ops  -1,512.0-66.0-1,118.0-998.0-2,441.01,214.0907.0965.0
Earnings from discontinued ops        71.062.0
Net income  -1,512.0-66.0-1,118.0-998.0-2,441.01,214.0978.01,027.0
            Net margin  -34.1%-1.3%-26.3%-28.6%-76.7%23.7%19.5%24.3%
   
Basic EPS   [+]($3.16)($0.14)($2.38)($2.32)($6.07)$3.36$2.53$2.71
Diluted EPS   [+]($3.16)($0.14)($2.38)($2.32)($6.07)$3.31$2.50$2.69
   
Dividends per share   [+]$0.47$0.43$0.41$0.40$0.72$0.69$0.55$0.46
   
Shares outstanding (basic)   [+]478.0483.0469.0430.0402.0361.0359.0356.0
Shares outstanding (diluted)   [+]478.0483.0469.0430.0402.0367.0363.0359.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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